Which of the following is an example of Joint and Several Liability?
A)Chirs Schrewers,CPA will not be liable because of due diligence.
B)David,CPA will be required to pay 100%,even though he is only 40% responsible.
C)Kate Brownman,CPA does not have privity of contract with the client's bank.
D)Meadow Elkins states that the client contributed to the loss of the users.

Question

Quizplus · Accepted Answer

Joint and several liability means that each defendant is individually responsible for the entire amount of damages, even if another defendant was also at fault. Therefore, David, CPA will be required to pay 100% of the damages, even though he is only 40% responsible.

Which of the Following Is an Example of Joint and Several